Merchants State Bank

Status:Inactive as of 01/01/1992
 Merger - Without Assistance
Successor Bank:VeraBank
Headquarters:Merchants State Bank
First And Rusk Streets
Mount Enterprise, TX 75681
Established:01/01/1908
FDIC Insurance:01/01/1934
FDIC Cert:#13672
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$23,894,000
Total Deposits:$21,520,000

History

1908-01-01Institution established: Original name:Merchants & Planters State Bank
1985-03-20Changed name to Merchants State Bank
1992-01-01Merged into and subsequently operated as part of Citizens National Bank of Henderson (3250) in HENDERSON, TX
1994-11-15Changed name to Citizens National Bank (3250)
1998-07-23Acquired First State Bank (18611) in WASKOM, TX
1998-12-11Acquired Jefferson National Bank (24911) in JEFFERSON, TX
2001-10-26Acquired Peoples State Bank (23420) in HENDERSON, TX
2013-02-15Acquired White Oak State Bank (20707) in WHITE OAK, TX
2013-09-28Acquired The East Texas National Bank of Palestine (3379) in PALESTINE, TX
2016-11-04Acquired Kilgore National Bank (35548) in KILGORE, TX
2018-11-09Acquired Union State Bank (11886) in FLORENCE, TX
2019-01-22Changed name to VeraBank, National Association (3250)